Perma-bears, much like their hyper bullish counterparts, love shoehorning patterns into the chaos to prop up their gloom. Take Michael Burry, the “Big Short” oracle famed for doomsday calls, who’s now comparing bitcoin’s ongoing bear market with the 2022 brutal plunge , ominously hinting this crash has legs to run much deeper. In a post
Bitcoin price fell below the $70,000 mark on Tuesday, recording an intraday low of $69,922 at the time of writing. This marks the first time $BTC has traded at this level since November 2024, highlighting the severity of the ongoing correction. The decline followed a mix of macroeconomic stress and aggressive deleveraging across derivatives markets,
After a violent washout across crypto markets, traders are watching the Bitcoin price today for signs of whether this is a late-stage flush or the start of a deeper leg lower. $BTC/USDT — daily chart with candlesticks, EMA20/EMA50 and volume. Summary Bitcoin price today: where we are Daily chart (D1): primary trend & main thesis
Bitcoin is dangling at the edge of a breakdown, not bouncing toward a breakout. In the last hour, its price jittered between $69,049 and $69,546, as $1.40 trillion in market cap faces mounting pressure and $99.42 billion in 24-hour volume suggests panic, not conviction, inside a volatile $69,049–$76,122 trading range. Bitcoin Chart Outlook Bitcoin‘s 1-hour
Bitcoin continues to face firm downside pressure on the four-hour chart, with sellers maintaining control below several critical technical thresholds. Price action remains well beneath the Ichimoku cloud, confirming a sustained bearish structure. Lower highs and lower lows dominate the chart, while repeated failures near short-term averages reinforce fading bullish attempts. Consequently, traders remain cautious
Bitcoin BTC$70,390.83 fell below $70,000 as the crypto selloff deepened before the start of equities trading in the U.S. The largest cryptocurrency dropped to as low as $69.917.20 according to CoinDesk data, with sentiment sliding further into “extreme fear.” The Fear and Greed Index sits at 11, a level reached only a handful of times
The European Central Bank (ECB) is holding its two-day meeting and will announce its monetary policy decision on Thursday. The ECB is widely expected to keep interest rates on hold for the fifth consecutive meeting, leaving the main refinancing operations, the marginal lending facility, and the deposit facility at 2.15%, 2.4%, and 2%, respectively. Additionally,
SEOUL, South Korea – March 2025 – Blockchain intellectual property project Story has forged a strategic alliance with Web3 entertainment firm Witch, potentially transforming how global audiences access and own K-culture assets. This partnership leverages Story’s programmable IP infrastructure to expand Witch’s WAVIST marketplace into a premier global platform for real-world asset (RWA) trading. The
Bitcoin ($BTC) and the cryptocurrency market have been unable to recover from the downward trend since the crash in October. With successive declines, Bitcoin has fallen to the $70,000 mark, while the situation remains very bad for altcoins as well. In its analysis from the CryptoQuant X account, it stated that Bitcoin is already in
Another leading Russian banking institution is joining the financial giant Sberbank in lending against cryptocurrency as collateral. Sovcombank announced a program to offer loans secured by Bitcoin amid growing demand from businesses in the industry ahead of regulation. Private Russian bank enters the promising market for crypto-backed credit A privately owned universal bank, which is